NOT LISTED FOR SALE

9770 E Larry Hughes Dr Unit 47 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,291,000 - $5,237,000

1.17 Acres
$3,109,935 Price per Acre
50,965 Sq Ft Lot

Last Sold June 11, 2020

Last sale price $575,000

Est. 533% increase in value since last sale

Current estimated payment $20,756/month

37 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Property is near a golf course
  • Black Mountain Elementary School Rated A-
  • City Lights View

About This Lot

As of June 2020

Pristine and exclusive location with elevated breathtaking views over the golf course. Large custom-home lot in the quiet and secluded village of Lone Mountain II, inside the award-winning community of Desert Mountain located in North Scottsdale Arizona. Looking for that perfect excluded lot with privacy and panoramic views? This is it. Don't pass this unique opportunity to reside in prestigious Desert Mountain on the perfect property for your new custom home.

Last Agent to Sell the Property

Carol Sorensen

West USA Realty License #BR532043000 Listed on: 03/21/2020

West USA Realty

Co-Listed By

Bobby Miller

West USA Realty License #BR005702000

Last Buyer's Agent

Mark Lynch

Success Property Brokers License #SA661124000

Success Property Brokers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,148

Lot Details

  • 1.17 Acre Lot
  • Property is zoned R1-10

HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Additional Features

  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 219-59-080

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Secondary HOA Phone (480) 653-5600
  • Desert Mountain Phase 3 Unit 27 Village Lone Mtn 2 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,148

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Cross Street: Pima Road / Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R1-10
  • Tax Year: 2019
  • Directions: Cave Creek Road to Desert Mountain Parkway North to Desert Hills Drive West to Charles B. McDonald (four way stop) North it turns into Larry Hughes Dr. and around to property just after small paved rd
  • Lot Size Acres: 1.17
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: wusa05
  • Co List Office Phone: 602-942-4200
  • Subdivision Name: DESERT MOUNTAIN PHASE 3 UNIT 27 VILLAGE LONE MTN 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Lot, Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • HOA #2 Paid Frequency: Semi-Annually
  • Annual HOA Fees: 1871.4
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 400.0
  • Association #2 Fee: 1142.88
  • Association Fee: 1871.4
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Association Phone #2: 480-653-5600
  • Phone: 480-635-5600
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRRegular
  • Lot Size Sq Ft: 50773.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-59-080
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2148.0
  • Tax Book Number: 219.00
  • Tax Lot: 47
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Jun 8, 2020
Sold by
Bmo Harris Bank Na
Bought by
Rittmanic Mark B and Rittmanic Diane M
Seller's Agent
Carol Sorensen
West USA Realty
Buyer's Agent
Mark Lynch
Success Property Brokers
List Price
$689,000
Sold Price
$575,000
Premium/Discount to List
-$114,000
-16.55%
Total Days on Market
37
Current Estimated Value
$3,638,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,063,624
Avg. Annual Appreciation
47.94%
Original Mortgage
$287,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 1999
Sold by
North Star Realty Services Llc
Bought by
Hill Gene R and Gene R Hill Declaration Of Trust

Purchase Details

Closed on
Dec 17, 1998
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
North Star Realty Services Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rittmanic Mark B $575,000 First Arizona Title Agency
Hill Gene R -- --
North Star Realty Services Llc $495,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rittmanic Mark B $2,812,500
Closed Rittmanic Mark B $287,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $575,000 -16.5% --
04/27/2020 04/27/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $689,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,312 $205,396 -- --
2024 $2,155 $195,616 -- --
2023 $2,155 $103,800 $103,800 $0
2022 $2,076 $46,965 $46,965 $0
2021 $2,255 $48,120 $48,120 $0
2020 $2,215 $46,980 $46,980 $0
2019 $2,148 $47,475 $47,475 $0
2018 $2,089 $44,820 $44,820 $0
2017 $2,012 $62,175 $62,175 $0
2016 $2,003 $62,175 $62,175 $0
2015 $2,021 $42,496 $42,496 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6054400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-59-080